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Lecture 10 - Project Management What is a project Unique...

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Project Management What is a project? Unique, one-time operations designed to accomplish a set of objectives in a limited time frame Examples: construction of new buildings, installing a new computer network system, launching a space shuttle, producing a movie, etc Once underway, projects must be monitored to contain cost and meet timelines This chapter is devoted to a description of graphical and computational methods that are used for planning and scheduling projects Key Decisions in Project Management Deciding which projects to implement Selecting the project manager Selecting the project team Planning and deciding the project Managing and controlling project resources Deciding if and when a project should be terminated Planning and Scheduling With Gantt Charts Gantt chart - a popular tool for planning and scheduling simple projects Used to monitor progress over time by comparing planned progress to actual progress Planning with PERT/CPM
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